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Subleasing Austin Office Space
NEED TO SUBLEASE (DISPOSE OF) EXCESS SPACE IN AUSTIN?
Changing business conditions or strategies may sometimes necessitate the disposition of leased Austin office space via sublease, lease assignment or lease buy-outs.
Lease dispositions can sometimes be tricky as they may require three-way negotiations between the Tenant, the Landlord, and the prospective Subtenant. To achieve successful outcomes, one needs a thorough understanding of the process, expert advice, and a comprehensive plan of action.
Austin Tenant Advisors understands the complexities of these types of transactions and has the experience to create solutions that yield results quickly.
What we will do to help Sublease your Austin Space:
- Conduct a thorough review of your lease contract with a focus on the
landlord's approval process and terms.
- Analyze competing space currently available in the building and surrounding areas and make recommnedations regarding proposed austin sublease rates and terms.
- Marketing brochure will be created that will include all premise information (floor plan, rate info, etc.) as well as other potential inclusions such as phone systems, furniture, etc.
- Weekly emails will be sent to over 500 active commercial brokers regarding your availability.
- Your sublease will be listed on the main commercial real estate data bases.
- We will contact via phone the highest producing brokerage firms in town to market your available space. They generally are representing numerous
clients looking for space.
- Solicit the available sublease(s) to every company within your building.
- Field all phone calls and tour all prospective tenants through your space.
- Negotiate the best possible sublease rate and terms on your behalf
- We prepare and draft all lease documentation required in each transaction as well as ensuring that all terms and conditions have been reviewed and approved by the master landlord.
Our process is designed to generate significant interest in the brokerage community with the goal of producing a qualified Subtenant or Lease Assignee acceptable to the Landlord. |
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